Parcelly operates a scalable, asset-light urban logistics platform that lets local businesses activate underused storage space as logistics hubs through its proprietary mobile app and PUDO solution. Founded in London in 2014, the company has shifted from a B2C consumer app to a B2B technology platform focused on integrating retailers and carriers. Parcelly serves clients across multiple verticals, including DHL Express, Stuart (GeoPost), Deliveroo, UberEats, JustEat and retailers such as Krispy Kreme, Aesop, Community Fibre and Bryson. Over the past financial year the platform saw 450% year-over-year growth and the company has been continuously updating its software to simplify integrations and process a wider range of items. Future plans include accelerating international expansion around offices in the UK, Germany and the US, developing a Hyper-local Warehousing solution, and tripling headcount within six months to support growth and sustainability goals.

Total raised

$7M

Funding rounds

1

Latest round

Series A

Latest activity

Mar 2022